The United States has established a maritime shipping corridor across the Strait of Hormuz to facilitate crude oil shipments amid the ongoing conflict with Iran. The corridor is supporting nightly movement of 15 to 20 tankers, with oil exports from the Gulf reaching nearly 10 million barrels per day.
SJVN Green Energy has invited bids for developing up to 1,000 MWac of grid-connected solar projects in Punjab and Rajasthan, along with land acquisition and EPC activities. The tender also includes five-year O&M, with bidders able to apply for capacities ranging from 250 MWac to 1,000 MWac.
Solaryaan has unveiled its largest inverter portfolio, featuring hybrid and All-in-One inverters, microinverters and BESS solutions for residential, commercial and industrial applications. The portfolio includes three-phase hybrid inverters, energy storage systems and microinverters designed to support solar generation, storage and energy management.
Gujarat Urja Vikas Nigam has issued a tender for 4,000 MWh of standalone BESS capacity connected to the state grid to meet distribution companies’ peak and off-peak requirements.
Brent crude futures rose 0.85% to $91.79 a barrel, while WTI climbed 1% to $85.79 amid uncertainty over vessel movement through the Strait of Hormuz and ongoing supply disruptions.
India hosted the eighth BRICS Youth Energy Summit 2026 virtually under its BRICS Chairship, with more than 100 participants discussing energy security, access, sustainability, technology and innovation.
Power Grid has appointed Amol Babulal Taori as Director (Finance) on its Board for a five-year tenure, according to a Ministry of Power order.
Aurora Energy Research has launched its India Grid Service to help the power industry forecast renewable energy curtailment risk and assess grid connectivity, starting with Rajasthan and expanding across six other states.
The Ministry of Petroleum and Natural Gas has approved an incentive scheme to accelerate domestic PNG connections by providing eligible CGD entities additional APM gas for incremental billed connections.
Indian Oil Corporation has appointed Dr Alka Mundra as an Independent Director on its Board with effect from August 15, 2026.
Bharat Heavy Electricals has entered into a strategic collaboration with Norway-based Hystar to support local manufacturing and phased indigenisation of PEM electrolyser technology for green hydrogen projects in India.
Omega Seiki Mobility has partnered with Electra AI to integrate real-time battery monitoring, predictive analytics and State of Health insights across its electric vehicle fleet.
